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Absa ‘had to choose between CEO and unhappy executives’

Senior executives signalled a desire to leave bank while Daniel Mminele was at the helm, says chair Wendy Lucas-Bull

21 April 2021 - 20:12 By Garth Theunissen and Warren Thompson

Disagreements between outgoing Absa CEO Daniel Mminele and some senior executives over the implementation of its strategy became so serious that the board feared an increasing risk of a “loss of talent”, group chair Wendy Lucas-Bull said...

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